Turning Point Brands (TPB) Work In Process (2020 - 2024)
Turning Point Brands (TPB) recorded Work In Process of $37.76 million in Q3 2024, down 28.8% from $53.02 million a year earlier and down 9.3% from the prior quarter.
Turning Point Brands (TPB) Work In Process (2020 - 2024) Analysis & Trends
At the end of FY2023, Turning Point Brands reported Work In Process of $34.89 million, down 19.7% from FY2022.
- Annual Work In Process has a three-year compound annual growth rate of 1.9% (FY2020 to FY2023).
- Across earlier years, Work In Process came in at $43.47 million in FY2022 (+21.1%), $35.9 million in FY2021 (+9.0%) and $32.95 million in FY2020.
- Quarterly Work In Process has ranged from $32.95 million in Q4 2020 to $55.79 million in Q2 2023 over the past five years.
- On a year-over-year basis, Work In Process rose in four of the last eight quarters, with an average decline of 4.7%.
- Peak year-over-year performance for Work In Process in the last five years was growth of 21.2% in Q3 2022, against a decline of 28.8% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $41.62 million (Q2 2024), $41.46 million (Q1 2024) and $34.89 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn |
| 10 | Verano Holdings | 808.33 Mn | 481.94 Mn | 99.70 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 37.76 Mn |
| Jun 30, 2024 | 41.62 Mn |
| Mar 31, 2024 | 41.46 Mn |
| Dec 31, 2023 | 34.89 Mn |
| Sep 30, 2023 | 53.02 Mn |
| Jun 30, 2023 | 55.79 Mn |
| Mar 31, 2023 | 40.13 Mn |
| Dec 31, 2022 | 43.47 Mn |
| Sep 30, 2022 | 46.23 Mn |
| Jun 30, 2022 | 49.16 Mn |
| Mar 31, 2022 | 47.73 Mn |
| Dec 31, 2021 | 35.90 Mn |
| Sep 30, 2021 | 38.15 Mn |
| Jun 30, 2021 | 40.78 Mn |
| Mar 31, 2021 | 41.71 Mn |
| Dec 31, 2020 | 32.95 Mn |
Turning Point Brands Work In Process API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=work-in-process&ticker=TPB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "ticker": "TPB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=work-in-process&ticker=TPB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();